Traders analyze export report, look ahead to next WASDE

After 747 past bullish report events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), and +0.8% over 20.

• May 10, 2018Wasde Report: Russia exports less wheat 2018/19-0.7%
• Jul 14, 2022ISA farmer members get firsthand look at latest WASDE report-8.8%
• Dec 12, 2016USDA WASDE Report at a Glance-0.1%
• Feb 8, 2023Neutral WASDE report maintains expectations – Ohio Ag Net | Ohio's Country Journal+1.5%
• Jan 10, 2020WASDE report: “Not as friendly? as expected | Iowa Agribusiness Radio Network-1.0%

After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.

• Jan 10, 2023Trade and Trade Policy Outlook 2023 - Purdue Ag Econ Report+1.9%
• Jul 12, 2021Grain Stocks Surprise Traders in the July WASDE Report | Red River Farm Network-6.7%
• Feb 8, 2023February USDA WASDE Report Neutral and Close to Expectations but Moved Markets Higher-0.3%
• Dec 12, 2016USDA WASDE Report at a Glance+1.3%
• Feb 8, 2023Neutral WASDE report maintains expectations – Ohio Ag Net | Ohio's Country Journal-0.3%